For sale

Price cut: $5K (6/6)

$75,000

1229 S Deacon St, Detroit, MI 48217

2beds

1,410sqft

Get pre-qualified

Single Family Residence

Built in 1955

5,662 Square Feet Lot

$-- Zestimate^®

$53/sqft

$-- HOA

What's special

Great investment opportunity in Detroit’s 48217 zip code, near the River Rouge border. This tenant-occupied ranch offers 2 bedrooms, 2 full bathrooms, a finished basement with additional bonus rooms, and a spacious 2-car detached garage. The property features vinyl siding, vinyl windows, hardwood floors, and a functional layout with extra usable space in the basement. Currently generating rental income, making this a solid option for investors looking for cash flow in a reputable Detroit location. Conveniently located near major roads, shopping, schools, and commuter routes. Tenant-occupied property. 24-hour notice required for all showings. Please do not approach or disturb tenant. Property is currently generating 1,200/month in rental income. Tenant pays gas and electricity. Seller currently pays the water bill. Property sold as-is. Licensed agent must be physically present for all showings. Submit offers with proof of funds or pre-approval.

64 days

309

29

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Entry
Area: 108
Dimensions: 12 X 9

Bedroom

Level: Entry
Area: 99
Dimensions: 9 X 11

Other

Level: Entry
Area: 35
Dimensions: 5 X 7

Other

Level: Basement
Area: 70
Dimensions: 10 X 7

Bonus room

Level: Basement
Area: 224
Dimensions: 14 X 16

Bonus room

Level: Basement
Area: 322
Dimensions: 14 X 23

Kitchen

Level: Entry
Area: 140
Dimensions: 14 X 10

Living room

Level: Entry
Area: 208
Dimensions: 16 X 13

Heating

Forced Air, Natural Gas

Features

Basement: Finished
Has fireplace: No

Interior area

Total interior livable area: 1,410 sqft
Finished area above ground: 735
Finished area below ground: 675

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: GroundLevel
Pool features: None

Lot

Size: 5,662 Square Feet
Dimensions: 42 x 125

Details

Parcel number: W20I012144S005
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Vinyl Siding
Foundation: Basement, Block

Condition

New construction: No
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: SCHAEFER-BEATRICE

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $53/sqft
Tax assessed value: $18,600
Annual tax amount: $1,292
Date on market: 5/5/2026
Cumulative days on market: 65 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,570/mo

Price history

Date	Event	Price
6/6/2026	Price change	$75,000-6.3%$53/sqft
Source: Realcomp II #20261031680 Report a problem
5/5/2026	Listed for sale	$80,000$57/sqft
Source: Realcomp II #20261031680 Report a problem
11/30/2025	Listing removed	$1,300$1/sqft
Source: Zillow Rentals Report a problem
11/27/2025	Listed for rent	$1,300-18.5%$1/sqft
Source: Zillow Rentals Report a problem
11/5/2024	Listing removed	$80,000$57/sqft
Source: Realcomp II #20240083271 Report a problem
11/4/2024	Listed for sale	$80,000+23.1%$57/sqft
Source: Realcomp II #20240083271 Report a problem
8/6/2024	Listing removed	$1,595$1/sqft
Source: Zillow Rentals Report a problem
6/29/2024	Listed for rent	$1,595+6.7%$1/sqft
Source: Zillow Rentals Report a problem
6/29/2024	Listing removed	--
Source: Zillow Rentals Report a problem
6/24/2024	Listed for rent	$1,495$1/sqft
Source: Zillow Rentals Report a problem
6/13/2024	Sold	$65,000-7%$46/sqft
Source: Realcomp II #20240032455 Report a problem
5/23/2024	Pending sale	$69,900$50/sqft
Source: Realcomp II #20240032455 Report a problem
5/17/2024	Listed for sale	$69,900+210.7%$50/sqft
Source: Realcomp II #20240032455 Report a problem
3/28/2017	Listing removed	$22,500$16/sqft
Source: Downtown Realty #217007884 Report a problem
2/1/2017	Listed for sale	$22,500$16/sqft
Source: Downtown Realty #217007884 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$15,000 +27.1%
2024	--	$11,800 +12.4%
2023	--	$10,500 +38.2%
2022	--	$7,600 +15.2%
2021	--	$6,600
2020	$339 -46.6%	$6,600 +22.2%
2019	$636	$5,400 -6.9%
2018	$636	$5,800 +3.6%
2017	--	$5,600 -60.3%
2016	$757	$14,100
2015	$757 -32.6%	$14,100 -9.7%
2013	$1,123 +48.3%	$15,619 -30.2%
2010	$757	$22,379 -12%
2009	--	$25,431 -10.5%
2008	--	$28,414
2007	--	$28,414 +5.5%
2005	$112	$26,933 +3%
2004	--	$26,149

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified